What are the different types of errors that are usually committed in recording
business transaction.
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The different types of errors that are usually committed while recording business transaction are mentioned below.
Explanation:
While maintaining accounts, different types of errors may arise that can cause wrong entry of transactions in the books of accounts.
There are different kinds of errors that can disrupt the business activities.
Below are the errors of accounting that are generally committed:
i. Error of omission
ii. Errors of commission
iii. Transposition errors
iv. Subsidiary entries
v. Rounding errors
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Answer:
the event that are usually recorded or wars crowing of kings and event related to kingdom
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